This morning, the @IraUganda Ag. CEO @sandeprotazio highlighted Agriculture, SMEs, Oil and Gas, among other sectors, as key opportunities that the insurance industry risks missing if it does not strategically position itself as a critical driver of economic growth.
He made these remarks during the CEO Post-Budget Breakfast Forum organised by @ITC_Kampala, where insurance industry CEOs convene to discuss the implications of the recently presented FY 2026/27 National Budget.
Dr. Sande further challenged insurers to identify at least three actionable targets from the discussions and commit to reporting on their progress at next year’s forum as a way of measuring impact and accountability.
#DrivingInsuranceGrowth #BeInsured
More insights from the #PostBudgetCEOBreakfastForum:
Speaking on the broader industry outlook, @sandeprotazio, Acting CEO of the @IraUganda, emphasized that the national budget should be viewed as a blueprint for opportunity, noting that investments in agriculture, infrastructure, oil and gas, and digital transformation all create new insurance needs.
On the regulatory and tax front, Julius Nandeeba, Manager Large Taxpayers Office (Financial & Insurance Sector) at @URAuganda highlighted key tax reforms, including transfer pricing as a major compliance focus for insurers, and the introduction of a final 10% withholding tax on commissions for insurance agents whose commissions are their only source of income.
@The_UIA@InsurBrokersUg@UIAAssociation
#CEOPostBudgetForum #ITCKampala #InsuranceIndustry #FY2026_27Budget
@IraUganda Updates That
A child Education Insurance policy also called Child Education plan, is a life insurance product designed as a savings tool to provide an amount of money for a child when she/he attains the age of entry into a given level of education.
#BeInsured
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Agreat Team From @IraUganda Sharing Insights To The Masses About Medical Insurance Yesterday In Rwentuha Bushenyi District
The Regional Head And Inspection Officer were amazied by the feedback from callers
#DrivingInsuranceGrowth
Do you have any challenges with your insurance policy? Did you get the right information while purchasing that insurance policy? Do you have any insurance-related complaint?
The @IraUganda insurance complaints bureau was established to handle such related cases. Don’t give up on insurance, reach out and get assistance.
#DrivingInsuranceGrowth #BeInsured
Prepare Today To Avoid Being Distracted Tomorrow
Are You Insured?
@IraUganda Reminds Us About How Much You Can be secured by Your policy of your choice
#DrivingInsuranceGrowth#BeInsured
Looking into the budget that the finance minister @henrymusasizi1 read yesterday, here are my thought as published in today’s @newvisionwire. From the insurance perspective, the allocations are aligned with our long term objectives.
Insurance is a promise on paper until the day you need it most. Before you sign, take time to read and understand your policy. Know what is covered, what is excluded and what is expected of you. A few minutes of reading today can save you disappointment tomorrow.
Ask yourself: If I needed to make a claim today, would I fully understand what my policy entitles me to?
#DrivingInsuranceGrowth #BeInsured
Today I presented the National Budget Speech outlining government priorities and allocations for the Financial Year 2026/27 at Kololo independence ground
In my speech I stated that Uganda has become a land of opportunity and promise.
Our economy has expanded to USD 69 billion and is projected to grow at double-digit rates,driven by strong export performance, first oil, & sustained wealth-creation interventions. More importantly, this growth is increasingly translating into jobs, higher incomes and better livelihood for Ugandans.
I also noted that Investor confidence is rising, and the Ugandan diaspora is responding with increased remittances, investment and active participation in our transformation.
This Budget aims to accelerate the attainment of the Tenfold Growth Strategy,adding that Government has allocated 95.6 percent of discretionary resources to the ATMS—Agro-industrialisation,
Tourism Development, Mineral-Based Industrialisation, and Science, Technology and Innovation—and their key enablers.
This Budget prioritises production, productivity, value addition, exports, and job creation. I invite the private sector to take full advantage of these opportunities to create wealth.
I also stated that Budget launches Uganda into the “Kisanja No More Sleep” and Every Ugandan must actively engage in wealth creation, and every leader must be accountable for transforming households and communities.
The era of planning and debate is over and the era of implementation and results has begun.
Our mission is clear
produce more, earn more, export more, and lift every household out of subsistence. I dedicate this Budget to all wealth creators, especially the youth, whose energy, enterprise and innovation will drive Uganda’s transformation into a 500-billion-dollar economy.
#KnowYourBudget26
It is day 4 of being here at the PEWOSA Expo in Lubiri Mengo. What insurance related issue do you think needs to be tackled urgently?
Have you planned to pass by the IRA tent to interact with the team from IRA?
#DrivingInsuranceGrowth#BeInsured
I am honoured to have joined President @KagutaMuseveni today for the signing of a landmark agreement between @UG_Airlines and @Boeing for the acquisition of 10 new aircraft. This marks a major step in expanding Uganda’s aviation capacity and strengthening global connectivity.
The fleet expansion, covering both passenger and cargo aircraft, will boost trade, tourism, and investment, and position Uganda as a key aviation hub in the region.
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Consider buying a child's education policy early to enable you save enough.
Whatever your dream or child's dreams maybe, getting a child education insurance plan/policy is a sure way to secure the future @IraUganda Reminds Us To Be Insured Today.
#DrivingInsuranceGrowth